Ionic Rare Earths Management
Management criteria checks 2/4
Ionic Rare Earths' CEO is Tim Harrison, appointed in Jun 2020, has a tenure of 3.5 years. total yearly compensation is A$401.68K, comprised of 97.1% salary and 2.9% bonuses, including company stock and options. directly owns 0.44% of the company’s shares, worth A$267.86K. The average tenure of the management team and the board of directors is 0.4 years and 1.1 years respectively.
Key information
Tim Harrison
Chief executive officer
AU$401.7k
Total compensation
CEO salary percentage | 97.1% |
CEO tenure | 4yrs |
CEO ownership | 0.4% |
Management average tenure | less than a year |
Board average tenure | 1.1yrs |
Recent management updates
Recent updates
Here's Why We're Watching Ionic Rare Earths' (ASX:IXR) Cash Burn Situation
Jun 01Ionic Rare Earths (ASX:IXR) Is In A Good Position To Deliver On Growth Plans
Feb 02Ionic Rare Earths (ASX:IXR) Is In A Good Position To Deliver On Growth Plans
Oct 18We're Hopeful That Ionic Rare Earths (ASX:IXR) Will Use Its Cash Wisely
Jul 01Is Ionic Rare Earths (ASX:IXR) In A Good Position To Deliver On Growth Plans?
Mar 09CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | -AU$19m |
Sep 30 2023 | n/a | n/a | -AU$14m |
Jun 30 2023 | AU$402k | AU$390k | -AU$9m |
Mar 31 2023 | n/a | n/a | -AU$7m |
Dec 31 2022 | n/a | n/a | -AU$5m |
Sep 30 2022 | n/a | n/a | -AU$5m |
Jun 30 2022 | AU$718k | AU$360k | -AU$5m |
Mar 31 2022 | n/a | n/a | -AU$4m |
Dec 31 2021 | n/a | n/a | -AU$4m |
Sep 30 2021 | n/a | n/a | -AU$3m |
Jun 30 2021 | AU$591k | AU$363k | -AU$2m |
Compensation vs Market: Tim's total compensation ($USD267.04K) is about average for companies of similar size in the Australian market ($USD297.74K).
Compensation vs Earnings: Tim's compensation has been consistent with company performance over the past year.
CEO
Tim Harrison
4yrs
Tenure
AU$401,684
Compensation
Mr. Timothy Joseph Harrison, also known as Tim, B. Eng (Chem) Fellow AusIMM serves as Independent Non-Executive Director of Aus Asia Minerals Limited also known as Viridis Mining and Minerals Limited since...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
MD & Director | 4yrs | AU$401.68k | 0.44% A$ 267.9k | |
Executive Chairman | less than a year | no data | 1.93% A$ 1.2m | |
Acting CFO & Chief Development Officer | less than a year | no data | no data | |
Chief Operating Officer | less than a year | no data | no data | |
Company Secretary | less than a year | no data | no data |
0.4yrs
Average Tenure
Experienced Management: IXR's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
MD & Director | 3.5yrs | AU$401.68k | 0.44% A$ 267.9k | |
Executive Chairman | less than a year | no data | 1.93% A$ 1.2m | |
Independent Non-Executive Director | 2.9yrs | AU$66.93k | no data | |
Non-Executive Director | 1.1yrs | AU$1.63k | 2.91% A$ 1.8m | |
Non-Executive Director | less than a year | no data | no data |
1.1yrs
Average Tenure
Experienced Board: IXR's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.